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News

  • Orange launches new money transfer service in Africa

    Orange telecom recently launched a new money transfer service to compete with an already competitive industry. The Orange Money International Money Transfer takes advantage of an existing lucrative market that's hoping to secure the telecom giant's foothold in Africa. People from and in between Mali, Senegal and Cote d’Ivoire are able to use Orange's new money transfer service. The service allows cellphone users to directly send and receive money by simply using a general code and the recipient's unique cell phone number. According to Orange, more than US$260-million transfers between these three countries every year. The Middle-East and Africa contributes...

  • MEDO offers ‘trip-of-a-life-time’ to ICT entrepreneurs

    Between MEDO(Micro Enterprise Development Organisation) and BT (British Telecom) Global Services, 11 entrepreneurial businesses have the opportunity to get training as well as exposure to business and investment partners at the International Trade Programme this November. Entrepreneurs, who have small businesses operating within the Information, Communication and Technology sectors, are invited to apply for the next International Trade Programme. All entries will be evaluated and the selected entrepreneurs will be placed on the programme. Those who triumph during ‘bootcamp’ will go on the next trade visit to the UK in November 2013. Apart from exposure and the "trip-of-a-life-time," chosen applicants...

  • Microsoft 4Afrika included in Obama’s Washington Fellowship programme

    During US president Barack Obama's visit to South Africa last weekend, he announced the Washington Fellowship for Young African Leaders. This fellowship is the new flagship programme under the president’s Young African Leaders Initiative (YALI). Part of this programme is Microsoft's 4Afrika initiative, which offers internships across the continent. The Washington Fellowship initiative is an annual programme and will commence next year and will put more than 500 young African leaders through leadership training and mentoring in the United States. This will "also create unique opportunities in Africa for Fellows to use their new skills to propel economic growth and...

  • Exclusive: Uber, the $50m smartphone-based private driver startup rolls into SA

    A job post on LinkedIn suggests that everyone's favourite private driver/car service, Uber, may finally be making its way to South Africa. According to the job post, which has been active for less than a week, Uber is looking for a city manager that will not only run its Johannesburg operation but help Uber launch in the city. Uber is a San Francisco-based company which makes a mobile application that connects passengers with drivers of luxury vehicles for hire. Uber at its core is an on-demand private driver. Users of the service can request a ride at any time using...

  • Jobs portal SEEK pumps $20-million into Private Property’s classifieds empire

    Australian jobs portal SEEK has invested US$25-million (R205.53-million) in One Africa Media (OAM), previously named Private Property Holdings. The deal will help the South African-based classifieds company expand its operations in Africa. A significant portion of the group is owned by Tiger Global Management, the New York-based venture capital fund that already partners with SEEK in other ventures across Asia and Latin America. OAM is best known for its Private Property real...

  • Marc Andreessen: Silicon Valley is too hard to recreate

    Known for co-founding Netscape and the venture capital firm Andreessen Horowitz, Marc Andreessen recently made his thoughts clear on what seems to be a harsh skeptical outlook on international startup ecosystems. Reported by TechCrunch, he highlights the notion that acceleration programmes and the like should stick to geographic regions they know best. Beijing's attempts to replicate Silicon Valley, he says, won't work because each region has its own particularities. Pointing at the political environment, he says that although China is heading on par with the US economically, it's still lacking the required transparency and fundamental laws for protecting workers....

  • KupiKupon and Celltick partner to bring mobile coupons to Eastern Europe

    Mobile-initiated commerce site Celltick has announced a partnership with KupiKupon-- a service that provides daily deals to people in Eastern Europe. This partnership is said to publish intelligently targeted mobile coupons to millions of consumers across Russia and Ukraine. Celltick’s patented technology coupled with its expertise and deep understanding of local consumer behavior and cultures will allow KupiKupon to effectively target consumers with valuable deals and offers for physical goods and services, based...

  • OnFarm Systems gains funding from Invested Development

    Invested Development recently invested in OnFarm Systems, an agriculture technology startup that aims to combine software and hardware to provide a platform of information to better management and decision-making. Invested Development is an early stage investment fund manager that focuses on reducing poverty by providing risk capital investments in early stage startups and support "radically affordable and innovative solutions to poverty in alternative energy, mobile technology, and agricultural technology." Californian based OnFarm joins software and hardware to provide a better management and decision-making platform for farmers. Using anything from soil moisture sensors to weather stations, OnFarm combines these multiple data sources...

  • Santam’s ‘Business Legal’ insurance could solve SMMEs’ compliance issues

    Staying legally compliant is notoriously easier for larger companies than it is for small, medium and micro-sized enterprises (SMMEs), especially in a country like South Africa, because of access to legal advice, and the heavy penalties involved with non-compliance. South African short-term insurer, Santam, aims to alleviate that bias with its new offering, Business Legal insurance, which is directed at young companies with the aim of stimulating job creation as well as economic sustainability and growth. A healthy small business sector is universally recognised as a key driver of economic success,” says Joseph Makgopa, Head of Corporate Legal Services at Santam....

  • EDGE Campus launches Qurio, plans to disrupt education

    EDGE Campus, the Stellenbosch-based education software startup, has just announced the launch of Qurio-- a free mobile and web product designed to help simplify assessment processes for teachers across the African continent. The product goes live at the 2013 African Education Week. As important as assessment has been in helping educators to better understand how and when to intervene, the process is too often "tedious" and "proves to be a logistical and practical nightmare." According to the startup's research, educators in the Western Cape are spending between 25% and 50% of their time assessing learners in one form or another....